401(k) · DOL Form 5500 · 2023

Network Innovations, Inc. Dba Nitel USA 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets: 181
Participants Below avg headcount: 66th
Percentile by assets National rank: $79,357
Avg per participant Below avg balance/head

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Official DOL plan name: Nitel 401(k) Plan · Sponsored by Network Innovations, Inc. Dba Nitel USA · Illinois · Information & Media

$14M in assets, 181 participants

Network Innovations, Inc. Dba Nitel USA's Nitel 401(k) Plan reported $14M in total assets and 181 participants in its 2023 DOL Form 5500 filing, ranking in the 66th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

#1,562 in Information & Media (2,818 peers)

Coverage in Illinois

Nitel 401(k) Plan covers 181 participants in Illinois, about 23% of the average Illinois filer (state average ~779 per filing). Assets: $14M.

#1,562
in Information & Media (2,818 peers): +52.3%
assets growth YoY

Nitel 401(k) Plan's mid-pack asset rank among Information & Media and all filers

Nitel 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$14,363,580 Top 34% higher than 66% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Nitel 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nitel 401(k) Plan sits mid-pack in the medium band (181 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Nitel 401(k) Plan reported net income rose from -$614K in the plan year 2022 filing to $5M in the plan year 2023 filing.
Nitel 401(k) Plan end-of-year assets rose from $9M in the plan year 2022 filing to $14M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 364481206 · Network Innovations, Inc. Dba Nitel USA PY 2023 · 401(k)

Nitel 401(k) Plan · $14M · 181 · 66th

PCT $14M
PCT 181
PCT 66th
PCT 401(k)
PCT near Mdc Vacuum Products, LLC 401(k) Plan
PCT ind #1562

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Information & Media retirement plans → · Plans in Illinois →

End-of-year total assets ($M) among Nitel 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)	$9M
Net Assets (End of Year)	$14M
Net Income	$5M
Employer EIN	364481206
Plan Effective Date	2011-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Network Innovations, Inc. Dba Nitel USA)

Latest sponsor-wide plan assets: $18M 86.70440690994519% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	182	$9M
2023	1	181	$14M
2024	1	201	$18M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Nitel 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Accenture United States 401(k) Match Savings Plan $17.6B · 69,974
State Farm 401(k) Savings Plan $16.9B · 60,246
Abbott Laboratories Stock Retirement Plan $14.5B · 38,012
United Airlines Pilot Retirement Account Plan $14.4B · 14,959
Walgreens Retirement Savings Plan $13.4B · 235,331

Compare Nitel 401(k) Plan side-by-side with 3 peers →

Nitel 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Mdc Vacuum Products, LLC 401(k) Plan in CA ($14M); by covered participants it is Pyromation, Inc. 401(k) Plan in IN (181 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Mdc Vacuum Products, LLC 401(k) Plan (CA) $14M · 416
Robinson Oil Corporation 401(k) Plan (CA) $14M · 233
Sands Motor Company 401(k) Profit Sharing Plan (AZ) $14M · 423
Shine Bros. Corp. Profit Sharing 401(k) Plan (IA) $14M · 125

Similar participant headcount

Nearest other-state filings by covered participants (181 participants); asset peers above are excluded.

Pyromation, Inc. 401(k) Plan (IN) 181 · 0 off
Strait and Lamp Lumber Company, Inc. 401(k) Profit Sharing Plan (OH) 181 · 0 off
Brown-Campbell Company 401(k) Plan (MI) 181 · 0 off
Divine Healing Home Care LLC 401(k) Profit Sharing Plan & Trust (MN) 181 · 0 off

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Nitel 401(k) Plan assets move in 2023? ▼

Nitel 401(k) Plan surged - up 52.3% during 2023, from $9M to $14M. Reported net income was $5M.

How have Network Innovations, Inc. Dba Nitel USA plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Network Innovations, Inc. Dba Nitel USA's sponsor-wide assets grew 86.7%, from $9M to $18M.

Which 401(k) plans are similar in size to Nitel 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Mdc Vacuum Products, LLC 401(k) Plan in CA ($14M, 416 participants).

Which 401(k) plans cover a similar participant headcount to Nitel 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Pyromation, Inc. 401(k) Plan in IN (181 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 364481206.